The Bull

Thursday 18

January, 2018 2:53 PM

Stocks to watch

Stocks to watch

Stocks of interest on the Australian share market

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By AAP 12.01.2018 05:03 PM

Stocks to watch on the Australian stock exchange:

HVN - HARVEY NORMAN - steady at $4.38

JBH - JB HI-FI - up 37 cents, or 1.3 per cent, at $28.36

MYR - MYER - steady at 65.5 cents

WOW - WOOLWORTHS - down 15 cents, or 0.6 per cent, at $27.25

WES - WESFARMERS - down 42 cents, or 0.95 per cent, at $43.73

Retail sales rose by a better-than-expected 1.2 per cent in November, beating expectations of a rise of 0.4 per cent, driven by the release of the iPhone X and promotions such as Black Friday, while Morgan Stanley offered a positive appraisal of JB Hi-Fi's performance over Christmas.

IPL - INCITEC PIVOT - down 16 cents, or 4.2 per cent, at $3.70

Incitec Pivot shares have sunk after the company warned that its profits will take an $81 million hit from the end of a contract to supply explosives and services to Gina Rinehart's Roy Hill Iron Ore mine

MHJ - MICHAEL HILL INTERNATIONAL - down 0.5 cents, or 0.4 per cent, to $1.235

Jewellery chain Michael Hill International says a flat performance in Australia and a sharp fall in the US have offset solid sales growth in New Zealand and Canada.

Index: Points Change Percent


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